Answer:
common ratio:2 2. 18 3.36 4.72 equation: 4.5(
)
Step-by-step explanation:
144=2*2*2*2*3*3 9=3*3
the common ratio would be 2
2. 9*2=18
3. 18*2=36
4. 36*2=72
(check) 72*2=144
0. 9/2=4.5
equation: 4.5(
)
Given
Present investment, P = 22000
APR, r = 0.0525
compounding time = 10 years
Future amount, A
A. compounded annually
n=10*1=10
i=r=0.0525
A=P(1+i)^n
=22000(1+0.0525)^10
=36698.11
B. compounded quarterly
n=10*4=40
i=r/4=0.0525/4
A=P(1+i)^n
=22000*(1+0.0525/4)^40
=37063.29
Therefore, by compounding quarterly, she will get, at the end of 10 years investment, an additional amount of
37063.29-36698.11
=$365.18
Answer:
D
Step-by-step explanation:
$49 one time payment so it is added.
$25 per month and he pays for a year(12 months) = 12 times 25
$49 + (12 × 25)